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OPEC Says Cheap Oil Era is Over

 
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Joep



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PostPosted: Mon Dec 18, 2006 6:19 pm    Post subject: OPEC Says Cheap Oil Era is Over Reply with quote
In the current issue of the OPEC Bulletin, Dr. Shokri Ghamen, Chairman of the People's Committee, the National Oil Company of Libya, said:
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However, all in all, most would appear to agree that peak oil is not very far away for all of us. It could take place sometime with in the next decade or so which in fact means that there is not much time left for a world economy to be driven largely by oil


See attached 6 page PDF excerpt from the OPEC Bulletin, Nov-Dec. '06
The entire 120 page PDF is here.

This is big. The organization that didn't believe in peak oil just a short while ago is now publishing articles about it, and that it's coming soon. Get ready for a real change in the way things are done.

OPEC Cheap Oil over.pdf
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OPEC Cheap Oil Era Over

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"Only when the last tree is cut; only when the last river is polluted; only when the last fish is caught; only then will they realize that you cannot eat money." - Cree Indian Proverb
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